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Ray Dalio Says Bitcoin Unlikely for Central Bank Holdings

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Ray Dalio said a spot bitcoin ETF is unlikely to change central banks’ stance on Bitcoin. He pointed out that Bitcoin’s transaction transparency and susceptibility to government interference make it a poor fit for official reserves. Unlike gold, Bitcoin can be regulated or disrupted, he said. Dalio also warned of digital security risks, suggesting that even if a bitcoin ETF approval happens, it wouldn’t make Bitcoin suitable for central bank holdings.
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